Bills/H.R. 1640

HEIRS Act of 2025

HEIRS Act of 2025

In CommitteeEconomyHouseHouse Bill · 119th Congress
Bill Progress · House
Introduced
Committee
Passed House
Passed Senate
Passed Both
Signed

Plain Language Summary

# HEIRS Act of 2025 Summary The HEIRS Act of 2025 is a housing-focused bill currently being reviewed in congressional committee. Based on its title and subject matter, the bill aims to address housing challenges for low- and moderate-income Americans by directing federal funding toward housing development and homeownership programs. The specific provisions would likely include measures to increase affordable housing options and improve access to home financing for families with limited incomes. The legislation would primarily affect low- and moderate-income households seeking affordable housing, as well as developers and organizations working in community development.

It could also impact how federal housing funds are allocated and managed across states and municipalities. Sponsored by Representative Nikema Williams (D-Georgia), the bill is still in the committee stage, meaning it has not yet been debated or voted on by the full House of Representatives. **Note:** The specific provisions and funding mechanisms of this bill are not publicly detailed in the information provided. For complete details on what the bill would authorize or require, you would need to review the full legislative text on Congress.gov.

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Latest Action

February 26, 2025

Referred to the House Committee on Financial Services.

Subjects

Housing and community development fundingHousing finance and home ownershipLow- and moderate-income housing

Sponsor

8 cosponsors

Key Dates

Introduced
February 26, 2025
Last Updated
February 26, 2025
Read Full Text on Congress.gov →
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